Ethereum Support Band Under Pressure — Can Bulls Revive Momentum From $3,700?

Ethereum is once again testing the strength of its key support band around the $3,700 zone, a level that has acted as a crucial lifeline for bulls in recent months. With momentum fading after repeated rejections near resistance, speculations are whether buyers can step in to spark a renewed push upward or if a deeper correction is on the horizon. ETH Pulls Back After Golden Pocket Rejection In his latest market update, Luca shared insights on Ethereum’s current technical setup, noting that the asset recently faced rejection at the high-timeframe resistance zone he had highlighted in earlier analyses. This rejection aligns with the golden pocket between the 0 source: https://www.newsbtc.com/news/ethereum/ethereum-support-band-pressure/